HF2924 (Legislative Session 94 (2025-2026))
Mendota; water infrastructure funding provided, bonds issued, and money appropriated.
Related bill: SF3183
AI Generated Summary
Purpose of the Bill
The purpose of the bill is to support improvements in water infrastructure for the city of Mendota, Minnesota. It aims to fund essential upgrades necessary for the city's water systems.
Main Provisions
Funding Appropriation: The bill allocates $5,207,000 from the bond proceeds fund to the Public Facilities Authority. This funding is intended for the city of Mendota to cover costs related to property acquisition, easements, predesign, design, and construction of a water main looping and pressure reduction system.
Bond Issuance: To finance the appropriated amount, the Minnesota Commissioner of Management and Budget is authorized to sell and issue state bonds. The sale of these bonds will be conducted in accordance with specific Minnesota Statutes and constitutional articles that govern such processes.
Significant Changes to Existing Law
This bill introduces a new appropriation and bond issuance that were not previously designated, specifically targeting water infrastructure improvements in the city of Mendota.
Relevant Terms
- Capital Investment
- Water Infrastructure
- State Bonds
- Public Facilities Authority
- Water Main Looping
- Pressure Reduction System
Bill text versions
- Introduction PDF file
Upcoming committee meetings
- Capital Investment on: April 08, 2025 10:15
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
March 26, 2025 | House | Floor | Action | Introduction and first reading, referred to | Capital Investment |
Citations
[ { "analysis": { "added": [], "removed": [], "summary": "Provides guidance for how the commissioner of management and budget should handle bond sales under Minnesota Statutes sections 16A.631 to 16A.675.", "modified": [] }, "citation": "16A.631", "subdivision": "" }, { "analysis": { "added": [], "removed": [], "summary": "Specifies requirements and procedures related to the sale and issuance of bonds, as referenced by this appropriation act.", "modified": [] }, "citation": "16A.675", "subdivision": "" } ]